Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
right, that would be good for the world.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
And it's pretty obvious that if I could move money at the speed of light in the form of digital dollars, you know, like a stable coin, and if it had all the utility of, you know, paying yield and the like, that'd be great for the dollar, right?
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
There'd be $10 trillion of demand for that.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
And I think there's consensus that people would like to be able to do digital exchanges, DeFi, right?
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
We'd like to be able to enter into trades, you know, friction-free, permissionless, speed of light.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
You know, if I want 50x leverage, you know, in a flash loan on Sunday morning, right, against any two asset pairs,
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
Cool.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
And I think you need these tokenizing networks.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
And I think Ethereum led the charge on that.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
So I think that's being recognized by the marketplace.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
And I think the big staking networks have achieved kind of de facto legitimate status in the eyes of the regulators.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
And I think we're waiting for the Clarity Act to make that du jour.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
And what we'll see going forward is we'll see a market competition.
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
Who can bring the most utility to the market?
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
Who's got the most stable network?
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
Who's got, you know, I look at these things like, how technically sound is it?
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
How economically sound is it?
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
How ethically sound is it?
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
You know, I don't think there'll be one winner, but the winners in the future will have a sound economic basis, a sound technical basis, right?
Bankless
"Fix the Money, Fix the World" โ Michael Saylor's Master Plan (plus questions on Quantum and Ethereum)
A sound ethical basis.